Commercial real-estate update

University Highlands at University Research Park

University Highlands at 10330 David Taylor Drive


Expanding United Rentals leases URP building

United Rentals has begun hiring for 150 new positions as it shifts its Charlotte offices to University Research Park.

The Stamford, Conn.-based equipment-rental company expects to completely fill the University Highlands building with nearly 500 employees by mid-2020.

The 97,596- square foot office building, owned by Mohr Capital, is at 10330 David Taylor Drive. MORE


Four Resource Square office building sells for nearly $24.8 million

Four Resource Square

Four Resource Square at 10735 David Taylor Drive

The company that recently bought Resource Square office buildings One, Two and Five in University Research Park has added Resource Square Four to its portfolio.

TerraCap Management of Florida paid nearly $24.8 million for the 151,849-square-foot building at 10735 David Taylor Drive. 

“Resource Square IV is the fourth building we’ve acquired in the vibrant University submarket, providing us with a critical mass of product, which allows for economies of scale operations and increased leasing efficiencies,” said Steve Good, Partner and Director of Acquisitions at TerraCap.” MORE


Suvidha International Market opens near campus

Suvidha International Market

Suvidha International Market at 10008 University City Blvd.

University City’s appetite for international flavors gets another boost with the recent opening of Suvidha International Market at 10008 University City Blvd.

Suvidha has locations in Georgia and North Carolina, offering a wide range of Indian and Pakistani groceries including fresh Indian produce.

Visit the store’s website and Facebook page to learn more and get details of current sales.

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